Now we have witnessed in current months, numerous Texas primarily based miners have been utilizing vitality methods to extend their revenues. Riot Platforms has taken benefit of being energetic within the Electrical Reliability Council of Texas (ERCOT) market, supplying energy when wanted and switching off their methods to assist steadiness the grid. It has a long-term energy buy settlement in place, enabling tit to maintain the price of mining bitcoin low. Via participation in these applications, throughout the month of June 2023 the corporate generated $8.4 million in energy gross sales and $1.6 million in demand response income.